This is huge in the gaming world. 'inclusive" buzzaord alert.
Lets see if it works in the long run or Microsoft screws this up. Lots of money for a gaming company.
Wow. Look out for censorship in gaming, to control thought.
$70 billion for Activision Publishing, Blizzard Entertainment, Beenox, Demonware, Digital Legends, High Moon Studios, Infinity Ward, King, Major League Gaming, Radical Entertainment, Raven Software, Sledgehammer Games, Toys for Bob, and Treyarch.
And I’ve heard of none of them. Well, I do recall the “Activision” name 20 years ago (maybe).
“Gaming” = gambling
Lipstick on a pig.
At the end of 2020, America’s largest gas supplier, EQT, which supplies about 4+% of the total energy demand in the USA, was valued at $4 billion.
At the same time, Facebook had a valuation of $1 Trillion.
EQT has risen, and is now valued at $8 billion, and yet Microsoft is paying $70 billion for a gaming company.
Does America have its priorities mixed-up? Or is it just “economics?”
Looks like a way to force exclusive content to their xbox platform. I don’t see how this benefits competition. Of course the play lip service to support of other platforms at the buyout but we all know that’s boilerplate like the old no one will lose their jobs as a result of a merger.
Embrace, extend, extinguish.
Up over $18.00 a share. I sold.
Wonder why this was moved to ‘chat’. It’s one of the biggest news stories on the net today.
Activision had to sell because they could not get away from several sexual harassment allegations. They were buried in controversy.
I’m in this business. This is a shift to shore up Microsoft’s production Studio network against Sony and more particularly China’s Tencent (who has been pouring money into the US buying Studios left and right).
Looking around today, all I see is a giant worldwide game od Lemmings
Microsoft will ruin the games.
Except for pinball, I never got hooked by video games. So glad. The internet is just a yooge distraction!
The market seems somewhat skeptical of this deal. Supposedly the buyout is priced at $95 per Activision share (”Microsoft Corp (NASDAQ: MSFT) announced on Tuesday its plans to acquire gaming giant Activision Blizzard Inc for $95 per share in an all-cash transaction valued at $68.7 billion.”), yet the shares are trading at $82.
Where is the Attorney General? Microsoft has a conflict of interest in purchasing Activision, since Activision makes games for Microsoft’s console competitors. The Justice Department should require Microsoft to agree to making Activision games for other consoles. If this seems like an absurd thing to require Microsoft to do, well, yes, that’s why the acquisition smells to high Heaven like an attempt to drive Microsoft’s competitors out of business.